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Article: America and World Affairs: Dollar Diplomacy
- Article from:
- American Decades
CopyrightCOPYRIGHT 2001 The Gale Group, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AMERICA AND WORLD AFFAIRS: DOLLAR DIPLOMACY
A New Player
During the early decades of the twentieth century the United States emerged as a world power. The wisdom and propriety of how it wielded its new-found power in the 1910s have been much debated. Proponents of the U.S. military and international economic policies of that decade have asserted that the country used its influence to promote democracy and economic growth. Critics of those same policies have described them as self-interested military and economic imperialism.
Dollar Diplomacy
In a world that had been dominated by the great European powers for four centuries, the United States sought its share of international influence ...